£234,359
This estimated value is based upon the latest sale price for the house of £125,000 on 26 Apr 2005. This value is then adjusted by the current Official House Price Index for DEVON 1
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| Price Paid | Date |
|---|---|
| £125,000 | 26 Apr 2005 |
| Detached |
| Freehold |
| Floor Area: 69 sq meters or 742 sq feet |
This model uses changes in the Official Land Registry House Price Index for DEVON to estimate the market value.
When this house was purchased in April 2005 the House Price Index for DEVON was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.488%.Applying this 87.488% change to the original purchase price of £125,000 results in an estimated price of approximately £234,359.
| 26 Apr 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.488 % | £125,000 | £109,359 | £234,359 |
The Postcode Pricing Model uses changes in average sales price within the EX4 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 68.714 % | £85,892 | £210,892 |
| 3 Month Average | 78.983 % | £98,728 | £223,728 |
| 6 Month Average | 81.509 % | £101,885 | £226,885 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jun 2023 | £258,174 | £253,000 | 32 MERRIVALE ROAD |
| 24 Feb 2023 | £312,085 | £310,000 | 87 BUDDLE LANE |
| 27 Jan 2023 | £265,710 | £265,000 | 67 MERRIVALE ROAD |
| 14 Feb 2022 | £338,066 | £320,000 | 11 KERSWILL ROAD |
| 3 Feb 2022 | £179,598 | £170,000 | 65 MERRIVALE ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 30 Aug 2016. Using an estimated price of £234,360 means this house is valued at £3,396 per sq meter (£315 per sq foot).
The average size of a house on MERRIVALE ROAD is 79 sq meters (856 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Merrivale Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Merrivale Road |
| Aug 2024 | Public order | Under investigation | On or near Merrivale Road |
| Nov 2024 | Vehicle crime | Under investigation | On or near Broadmeadow Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Broadmeadow Avenue |